it's holding us back. >> gretchen: what is holding us back? our next guest says it could be new costs and fees from the federal housing administration, the nation's largest provider of low down payment mortgage money. luckily we have real estate expert bob massi to explain it all for us. he joins me live this morning from las vegas. good morning to you, bob. >> good morning, gretchen. >> gretchen: all right. so let's talk about what this will do, increasing monthly mortgage insurance by 10 basises points. >> this is a real major change i want our viewers to understand. there are several things i want to talk about. first of all, as of june of this year, june 3, any home that's purchased after it, if it's fha insured, now your mortgage insurance, gretchen, will be the life of the loan, which is a major change 'cause it used to be the once you get 22% equity or five years, the north insurance is gone. that's number one. number two, you just mentioned, the bases points on our existing nma will go up as of april of this year. about what they call